Binance Restricts Transactions with HTX and 10 Other Crypto Platforms Amid Regulatory Developments
Binance has announced that it will restrict transactions involving HTX and 10 other cryptocurrency platforms from August 23.
The move comes amid regulatory developments, including sanctions targeting several crypto market participants. Binance cited recent regulatory changes as the reason for the decision.
The affected platforms include HTX (formerly Huobi), Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto INC., Tradex, Monease Ltd, BitPapa, Exnode, and EXMO. Transactions with these platforms may be held and subjected to additional compliance reviews.
Binance has also expanded its business into other areas, including the launch of bStocks, a platform for tokenized U.S. securities on BNB Chain. The assets offered on this platform are backed 1:1 by corresponding shares and are available for round-the-clock trading.